Concurrently Hong Leong Bank’s and EON Bank’s fixed deposit (FD) interest rates is going to be revised upwards by up to 35 basis points. The newest Fixed Deposit rates for 1 and 12 months will be increased to 2.90% and 3.25% (Flexi FD) respectively according to the bank release.

Whereas BLR, BFR and deposit rates would be revised also. The BLR for AmBank (M) Bhd will increase by 30 basis points to 6.60% per year. The BFR for AmIslamic Bank Bhd will increase by 30 basis points to 6.60% per year.

For deposit rates, 1-month and 3-month tenure have been revised to 3% from 2.75%, the 6-month tenure to 3.25% from 2.90% and the 12-month tenure to 3.30% from 3.10%.